For its second fiscal quarter (ending June 30), The Cigna Group (NYSE: CI) has reported E.P.S. of $5.45 compared to $4.96 a year ago. For the latest four quarters through June 30, E.P.S. were $12.75 compared to $22.28 a year ago.
Recent Price Action
The Cigna Group (NYSE: CI) stock closed at $332.60 on 8/1/24 after a decline of -4.6%. Moreover, this decline was accompanied by unusually high trading volume at 167% of normal. The stock has declined -2.8% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
CI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be an important Value Builder.
CIGNA Group has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. CIGNA Group has a neutral Appreciation Score of 60 but a good Power Rating of 72, triggering the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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